AML3D to deliver industrial components to key 3DPC client
Highlights
- AML3D to produce two industrial components for a global industry leader and 3D Printing Corporation client
- Successful testing phase may lead to significant commercial opportunities
- The Company continues to explore additional opportunities with 3D Printing Corporation clients
AML3D Limited (ASX: AL3) (“AML3D” or “the Company”) is pleased to announce it will supply a series of industrial components for evaluation and testing to a key 3D Printing Corporation (“3DPC”) client.
3DPC is a Japanese-based 3D printing solutions firm focused on unearthing innovative technologies and enhancing the manufacturing capabilities of its clients with its unique 3D printing supply chain solutions.
AML3D has obtained substantial interest from 3DPC clients seeking to improve on traditional manufacturing constraints1. In one case, a client currently waits approximately six months for the delivery of traditionally cast components whereas AML3D components can be delivered in less than two weeks. This has resulted in the client submitting a purchase order to acquire sample components to test the industrial suitability of AML3D’s WAM® technology for their needs in an effort to internally endorse replacement of traditional manufacturing methods. The trial is expected to lead to significant business development in industrial and energy sectors, as the client intends to replace its traditionally cast components with AML3D components.
AML3D continues to work with 3DPC to find unique solutions for its diverse customer base and will update the market on any additional opportunities obtained via this relationship.
Mr Andrew Sales, AML3D’s Managing Director comments:
“We are excited to work with 3DPC with this purchase order highlighting the exposure we receive in the Asia Pacific region. We are confident that the successful validation of the WAM® technology will lead to greater commercial opportunities in the future.”
Alexander S. De Vore, 3DPC’s CEO comments:
“By building a supply chain for 3D Printed Industrial components, we are able to drastically reduce lead time and inventory costs for our industrial clients. This first phase is qualifying a component that frequently requires replacement due to harsh conditions and we expect a cost savings of approximately 700,000 USD per annum when AML3D’s WAM® technology is fully integrated.”
Source: AML3D To Deliver Industrial Components to Key 3DPC Client – 21-03-03 PDF Press Release, Company News
About AML3D
AML3D Limited, a publicly listed technology company founded in 2014, utilises new technologies to pioneer and lead metal additive manufacturing globally. Disrupting the traditional manufacturing space, AML3D has developed and patented a Wire Additive Manufacturing (WAM®) process that metal 3D prints commercial, large-scale parts for Aerospace, Defence, Maritime, Manufacturing, Mining and Oil & Gas. AML3D provides parts contract manufacturing from its Technology Centre in Adelaide, Australia, and is the OEM of ARCEMY®, an industrial metal 3D printing system that combines IIoT and Industry 4.0 to enable manufacturers to become globally competitive.